I Got My Master’s Degree and Have 5 Freelance Gigs, But I Still Can’t Make Ends Meet
Having a master’s degree is often seen as a stepping stone to a successful career. However, for many people, including myself, having a master’s degree does not guarantee financial stability. Despite having five freelance gigs, I still find myself struggling to make ends meet and relying on my parents for financial support.
Challenges Faced
One of the main challenges I face is the inconsistent nature of freelance work. While I have five gigs, the workload fluctuates, making it difficult to predict my monthly income. This uncertainty makes budgeting and financial planning challenging, leading to financial stress.
Expenses Vs. Income
Another issue I face is the high cost of living in the area where I reside. Despite working multiple freelance gigs, the income I generate is not enough to cover basic necessities such as rent, utilities, groceries, and student loan payments. As a result, I have to rely on my parents for financial support to make ends meet.
Impact on Mental Health
The constant struggle to make ends meet and relying on my parents for financial support has taken a toll on my mental health. The stress and anxiety of not being able to support myself financially have affected my overall well-being and happiness. I often feel overwhelmed and burdened by the financial responsibilities I have.
Seeking Solutions
To address this situation, I am actively searching for more stable employment opportunities that offer a consistent income. I am also considering additional freelance gigs or side hustles to increase my earning potential. Moreover, I am exploring budgeting strategies and financial planning tools to better manage my finances.
Conclusion
Despite having a master’s degree and multiple freelance gigs, I still struggle to make ends meet and rely on my parents for financial support. The inconsistent nature of freelance work, high living expenses, and financial stress have impacted my mental health. However, I am actively seeking solutions to improve my financial situation and achieve financial independence.
FAQs
Q: Why can’t you make ends meet despite having a master’s degree and multiple freelance gigs?
A: The inconsistent nature of freelance work, high living expenses, and financial stress contribute to the challenges I face in making ends meet.
Q: What solutions are you exploring to improve your financial situation?
A: I am actively searching for more stable employment opportunities, considering additional freelance gigs, and exploring budgeting strategies and financial planning tools.
Q: How has relying on your parents for financial support impacted your mental health?
A: Relying on my parents for financial support has contributed to stress, anxiety, and feelings of inadequacy, impacting my mental health and well-being.
